February 2025

Key Takeaways The price of Bitcoin (BTCUSD) jumped over $63,000 Thursday following a Federal Reserve interest-rate cut. Lower rates could benefit cryptocurrencies and other assets perceived as risky. MicroStrategy stock jumped a day after amid a proposed a $700 million debt offering in an effort to buy more bitcoin. Looser monetary policy could benefit bitcoin […]

The price of Bitcoin reached a new peak today, surpassing the $76,000 mark at around 4:25 p.m. Eastern time, breaking its previous record high of $73,794 set on March 14, 2024. Although Bitcoin’s surge was not directly triggered by Donald Trump’s victory in the 2024 presidential election, the incoming president’s policies are perceived as beneficial

A new study showed the number of cryptocurrency millionaires nearly doubled in the past year as the number of people investing in digital currency increased and prices climbed. British investment migration consultancy Henley & Partners found 172,300 individuals held more than $1 million in crypto assets this year, 95% more than in 2023. The number

Bitcoin traded above the significant milestone of $80,000 over the weekend, marking an extension of its upward trajectory as the leading cryptocurrency. This surge was attributed to the recent election victory by Donald Trump. Bitcoin (BTCUSD) has been recently trading around $79,700, which represents an approximately 4% increase over the past 24 hours and keeps

Bitcoin briefly topped $77,000 on Friday, setting a new all-time high for the cryptocurrency. The recent surge in Bitcoin’s value has been attributed to Trump’s election win and the promise of a more crypto-friendly administration. Investors have poured billions into spot Bitcoin ETFs on Wednesday and Thursday. These ETFs hold Bitcoin and have helped propel

Key Takeaways The Federal Trade Commission (FTC) noted a dramatic increase in consumer losses from bitcoin ATM scams. Reported losses rose nearly tenfold since 2020, exceeding $110 million in 2023. Older adults, particularly those over 60, are more than three times as likely to fall victim to these scams. Scammers often impersonate government officials, businesses,

Key Takeaways: BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed its iShares Gold Trust (IAU) in net assets, marking a significant milestone in the world of investment trusts. As of Thursday, IBIT’s assets reached $33.2 billion, overtaking the $32 billion held in BlackRock’s gold ETF. This achievement is notable considering the iShares Gold Trust has been

Bitcoin set a new all-time high last night, surpassing $76,000 for the first time. The Fed’s anticipated rate cut on Thursday could potentially push Bitcoin prices even higher. Spot bitcoin ETFs experienced significant inflows of $621.9 million on Wednesday, following the clear outcome of the 2024 U.S. presidential election. Bitcoin (BTCUSD) briefly reclaimed the $76,000

Key Takeaways Bitcoin dropped to $56,000 before regaining some ground as the crypto asset continues to move in tandem with the stock market. Bitfinex analysts see the potential for bitcoin to drop another 15%-20% if the Federal Reserve announces a rate cut later this month. A rate cut is expected to benefit risk-on assets such

Bitcoin reached a significant milestone on Tuesday, racing past the $73,000 mark and nearing its all-time high set in March. This surge in Bitcoin also had a positive impact on MicroStrategy’s stock, which hit a 52-week high. Trading activity in Bitcoin-related investments has seen a noticeable uptick in anticipation of the U.S. elections, according to